Glenn A. Neasham was convicted of felony theft from an elder on Oct. 21 in California Superior Court. In 2008, he sold an Allianz MasterDex 10 to an 83-year-old woman who was later said to have dementia. Neasham and his assistants have said they did not see any signs of dementia at the time of the sale. Neasham is seeking a new trial.
Neasham has set up an account to accept donations. Please note that InsuranceNewsNet did not establish and is not administering this account.
Audio/Web Conference: The Glenn Neasham Case: Lessons Learned
This webinar is a live interview of lawyers and agents who will dissect the crucial elements of the case. Attendees will be informed of the new thresholds of peril in selling products to seniors. The Society is the only industry organization bringing to its members actionable information about this unprecedented case that brings chills down the spine of anyone who has ever sold a product or given advice to someone age 65 or older. Program includes a Q&A portion.
» Client's Boyfriend Denies He Knew of Dementia in Neasham Case
The boyfriend of the client at the center of the case against annuity agent Glenn Neasham denied that he knew of dementia, but an investigator's report shows otherwise. Neasham said his client, her boyfriend and her son did not say she was suffering from dementia before or after the sale. Neasham was convicted in a California court of felony theft from an elder for selling his 83-year-old client an indexed annuity...
» Prosecutor Admits Not Proving Agent Knew Client Had Dementia
Dementia was a central element in the case against Glenn A. Neasham, an insurance producer in California who was convicted of felony theft for selling an annuity to an 83-year-old woman...
» Bail Granted for Neasham, Keeping Him Out of Jail until Appeal
California agent who was convicted of theft for selling an annuity can stay out of jail if he posts $20,000 bail by April 19...
» Wholesaler Sees Chilling Effect in Annuity Agent Conviction, Allianz Calls Case 'Unique'
The wholesaler who worked with Glenn Neasham, who was convicted of theft for selling an annuity, says the producer would have documented any signs of dementia in a client...
» Annuity Agent Loses License After Hearing
California revoked Glenn A. Neasham's insurance license after his request for a new trial was denied. Neasham was convicted of felony theft for selling an annuity to an 83-year-old...
» Timeline of Events
Timeline in the Glenn A. Neasham case.
» Neasham Convicted of Theft for Selling an Annuity
Glenn A. Neasham was sure the state didn't have a strong case against him as he watched the jury file into the courtroom with his verdict. But, still, he awoke that October morning with a bad feeling.
» Judge Sentences Annuity Agent, Rejects New Trial Motion
Glenn A. Neasham was sentenced yesterday to 300 days in jail, which was reduced to 90 days after his request for a new trial was denied. Neasham was convicted in a California county court of theft from an elder for selling an indexed annuity to an 83-year-old. His attorney said he filed an appeal in a higher court.
» Order of Summary Revocation
Copy of Glenn A. Neasham's license revocation by the state of California.
» Reply from Allianz Concerning the Case
Desk Statement on the Sentencing of Former Allianz Agent Glenn Neasham
» Readers React; Neasham Establishes Fund